This is Macro Voices with hedge fund manager Eric Townsend, the free weekly financial

podcast targeting professional finance, high net worth individuals, family offices, and

other sophisticated investors. Macro Voices is all about the brightest minds in the world

of finance and macroeconomics telling it like it is. Bullish your bearish, no holds

barred. Now here are your hosts, Eric Townsend and Patrick Sarresna.

Macro Voices Episode 353 was produced on December 8, 2022. I'm Eric Townsend.

This episode of Macro Voices was made possible by respect energy, a leading European trader

of renewable energy and a one-stop shop for all green energy investors.

Forrest for the trees founder Luke Groman returns as this week's feature interview guest.

Luke and I will discuss whether the bear market rally and equities is over, whether inflation

has peaked and how the US government will fund deficit spending in an era where China

and Russia are no longer ready buyers of US debt issuance.

And I'm Patrick Sarresna, listeners, be sure to stay tuned for our post game segment after

Eric's feature interview with Luke Groman when Eric Nick and I will discuss the charts

on the S&P 500 NASDAQ Gold and the oil markets. We'll also continue our conversation on

options strategies to consider for hedging your portfolio. Now Eric before we go on to

our feature interview with Luke, let's cover crude oil starting with those EIA inventory

data.

EIA posted a crude oil drawdown of 5.2 million barrels and that was really 7.3 million barrels

after you add in the 2.1 million barrels that was drawn down out of the strategic petroleum

reserve.

Cushing Oklahoma drawing down another desperately needed 373 thousand barrels. The big

...